FVRR - This Bargain AI Stock Is a No-Brainer Buy in 2024
2024-02-24 05:14:00 ET
People are talking about artificial intelligence (AI) these days. According to data from Google, search interest for AI is at an all-time high. From social media to advertising at major events, promoters are hyping the benefits of AI for both businesses and everyday users.
Given the hype, many stocks exposed to the growth of AI have seen share prices soar. One stock, however, remains a bargain. That's because many investors haven't realized how much the company stands to benefit from the rise of the technology.
Few investors today are citing Fiverr (NYSE: FVRR) as an AI stock. On the surface, the company is a freelancer platform, matching creators with businesses and consumers who need work done. In this regard, the business has done quite well. Revenue has consistently grown since the company's initial public offering (IPO) in 2019, while the company flipped from burning cash to generating positive free cash flow .
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This Bargain AI Stock Is a No-Brainer Buy in 2024